$8M+ Multi Location Allstate


  • Asking Price: $1,999,000
  • Gross Income: $1,005,023
  • Cash Flow: $465,037
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $30,000
  • Listing ID: #221600
  • Established: 2008
  • Employees: 6 FT

Business Description

Opportunity to acquire a well established premiere Allstate insurance agency with multiple locations. In 2019 the agency produced over $8 Million in earned agency premium and generated over $1 Million in revenues. There is already a team of licensed professionals in place and a renewal rate of nearly 90%. An existing agent could significantly expand their book of business, or someone looking for a recession resistant business could potentially acquire an entrepreneurial opportunity with one of the nation's largest and strongest companies.

Business Details

Primary Business Category: Services - Other Services
Location: Indiana

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT

Financial Information

Asking Price: $1,999,000
Gross Revenue: $1,005,023
Cash Flow: $465,037
FF&E: $30,000
Seller Financing Available: No

Property Information


There are 4 offices located across a 45 mile stretch of Indiana that encompasses both suburban and rural populations. There is potential to consolidate the offices and reduce the agency costs. The seller owns 3 of the 4 buildings that the offices are located within and those buildings may be available to purchase if the buyer wishes to acquire the real estate. Rent for all 4 locations will be $3,500/month. If the two suburban Indianapolis locations are consolidated the ongoing rent will be $2,500/month.

Growth & expansion opportunities:

The current agent refers financial services within company, but if the buyer chose to offer those services in house they would have a tremendous source of leads in the existing book of business.


Insurance is an essential business and considered recession resistant.

Reason for selling:

Retirement & Other Business Interests

Support & Training:

Will train for 2 weeks @ no cost The buyer must be approved by corporation. The buyer must acquire Series 6 & 63 licenses in addition to Property & Casualty, and Life & Health licenses.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Phil Eleson

Murphy Business Brokers